"Japanese companies are on-selling even more LNG than Australia exports to them...I'm a little bit concerned we're getting conned here...with a backdrop of climate scientists saying we cant afford new gas..."
#climate
#auspol
@DavidPocock
Hello Tasmania,
Just a reminder as you prepare for
#tasvotes
that the salmon industry is entirely foreign owned, sells $1b worth of fish each year, but pays no tax and is trashing your waters with the blessing of both major parties.
The science is clear: salmon farms affect water quality & are primarily responsible for severe oxygen depletion in Macquarie Harbour - the only habitat of the endangered Maugean Skate.
The salmon industry is putting the Skate at risk of extinction.
@GeneveraE
on
@abc730
Multinational gas companies made $149 billion selling Australian gas that they got *for free*.
Please read that again. Public gas, given away.
Great new report out today
@TheAusInstitute
@MarkOgge
@PiersVerstegen
Australia’s Prime Minister was in Tasmania this week to visit an industrial salmon farm processing plant in Margate. The Maugean Skate has been on the planet for millions of years and industrial fish farms are about to make it disappear forever.
#politas
#auspol
Reminder of just who broke the Australian gas market.
Here is Santos in 2014 telling investors its gas export project "was always as much about raising the domestic gas price":
I'd hate to rain on any parade, but
@tanya_plibersek
's dept just approved a new gas processing plant linked to a new onshore gas field...out to 2063.
Lots more climate work to be done.
Remember when
@Barnaby_Joyce
paid $80m for water from a company founded by
@AngusTaylorMP
, after the
@DeptAgNews
had bargained the price *up*?
Auditor General report out TOMORROW.
Oh look,
@tanya_plibersek
's dpt just approved the Santos Barossa pipeline out to 2056.
Published at 5:15pm just before parliament break and Easter holidays.
@TheAusInstitute
The Treasurer has appointed Dr Alison Roberts, Selwyn Button and Barry Sterland PSM for five-year terms as full-time Commissioners, and re-appointed Commissioner Catherine de Fontenay for a second five-year term. Learn more about our Commissioners:
The salmon industry in Tasmania is entirely foreign-owned and pays no tax.
Amazing that these facts didn't make it into lobbyists Salmon Tasmania's 87 page submission on challenges to its environmental approvals.
@TheAusInstitute
Your regular reminder that the salmon companies currently undermining Tas world heritage status are entirely foreign owned, including by wildly corrupt Brazilian firm, and pay no tax.
*Sizzling* new
#Watergate
documents show taxpayers & rivers were ripped off.
Kudos to
@Senator_Patrick
for epic FoI battle.
After 2 year cover up, only explanations left are incompetence or wrongdoing by
@DeptAgNews
under
@Barnaby_Joyce
. THREAD.
Previously secret valuations released to me after an epic
#FOI
battle show taxpayers were ripped off, with the price paid for
#watergate
water licences well above market value. Transparency achieved, now for the accountability part!
#auspol
#MurrayDarling
Reminder: Mining is small in the Australian economy and gov budgets.
Just 5c in every dollar of gov revenue is from mining.
95% of your services are funded by other industries.
We have a portfolio of high-quality assets in commodities that the world needs.
In FY2024, we contributed over 49 billion US dollars to people, businesses, and governments around the world.
#BHP
#results
#growth
#contribution
@tanya_plibersek
Amazing that such a controversial and topical decision went onto the website at about 4:55pm. No press release, no press conference, no tweet, AFAIK.
Amazing that the scientists defending the Murray Darling Basin Authority forgot to disclose that many of them are paid by...the Murray Darling Basin Authority.
@TheAusInstitute
@MaryanneSlatte1
Still blows my mind the $$$ coal Cos are making in Aus off Ukraine War price spike.
Approx $147 BILLION windfall revenue. Take out $28b royalties & (at best) $40b in co tax and they've trousered $80b over 2 years.
Windfall profit tax,
@JEChalmers
?
@TheAusInstitute
It's 2023 and
@tanya_plibersek
's department is considering a new coal gasification project that would run to 2055.
Open for public comment for TEN WHOLE DAYS!
Have you heard of this 'climate changey' thing?
The NSW Gov (
@JohnBarilaroMP
) clearly has not, looking at not just new coal mines, but new areas to explore for future new coal mines!
Great write up by
@CallumDRFoote
for
@MichaelWestBiz
.
Official, NT Gov-commishd work to inform Indig communities about fracking,
@CSIRO
omits the word "fracking" & notes that "greenhouse gasses *MAY* play a role in climate change."
Cool & nrml
Here's the Aboriginal Information Program "Shale Gas Factsheet" (Eng version) in full:
In Qld today
@ScottMorrisonMP
and
@Barnaby_Joyce
announced they would put $5.4b into the Hell's Gates dam.
They claim $6b increase in output & 7k ongoing jobs.
Source: 2018 econ and finance assessment. I read it so you don't have to...1/
I for one am *shocked* that Whitehaven Coal appears to have stolen large volumes of water and look forward to the NSW gov and other water authorities pursuing this with the full force of the law. Great work,
@LockTheGate
The Tasmanian salmon industry talks a big game about how much it helps the local economy but is much more quiet about how it pays almost no tax.
#OffTheCharts
@R_o_d_C
and Evie Simpson explain
Oh look,
@tanya_plibersek
's department is considering letting Santos put more water from its coal seam gas project into Qld's Dawson River.
You can make a submission...to Santos.
Seems normal.
#MyMum
has been a social worker for 50 years, working on poverty, housing, aged care and others.
I hardly even noticed she founded Southport Community Housing until a book was written about it.
#sonfail
She is not impressed,
@dailytelegraph
.
Just what is this Fuel Tax Credit thingy?
And why is it Australia's biggest (and rapidly rising) fossil fuel subsidy?
Glad you asked! A thread based on
@TheAusInstitute
's new report:
Great to see the West Australian media engaging with
@TheAusInstitute
research on the export gas industry leeching off the West Australian community!
#auspol
Thread
You can't ban bad ideas...but Australia's nuclear power ban prevents some bad ideas sucking up community time and public money.
That's why it should stay.
My piece in
@renew_economy
@TheAusInstitute
Rort alert, rort alert, whoop-whoop.
Most expensive water yet in Murray Darling.
Cost benefit analysis not released, no details of water recovery calculations released.
@Kate_McBride_1
@TheAusInstitute
Big announcement today with
@sussanley
@PerinDavey
and
@Kevinandersonmp
The Coalition Govt is investing $126m in a Murrumbidgee Irrigation Off Farm Efficiency project. Supporting local irrigators and delivering significant water savings.
#auspol
Absolutely disgraceful that the NT gov will subsidise uneconomic Beetaloo Basin gas fracking.
Shocking, but not without precedent...thread.
@TheAusInstitute
Oh look, the gas lobby
@APPEALtd
has commissioned INDEPENDENT economic modelling about the "soviet" energy legislation.
Let's take a look at this modelling, shall we?
Exciting news!
@TheAusInstitute
is launching our Coal Mine Tracker site!
Now you too can get to know the coal mines seeking approval from the Aus Gov, how bad they are & how they're progressing (or hopefully not).
🚨Sky News suggested
@theausinstitute
has been 'pretty provocative' & 'unpatriotic' with our antics at
#COP26
calling out PM Morrison's net zero fraud as a Glasgow wrecker.
#auspol
, RT if you think expecting our Gov to pull its weight on climate is the real Australian Way 🌏🇦🇺👍
Watch the train wreck when
@David_Speers
puts
@TheAusInstitute
numbers to gas lobby. At 5:30:
Speers: How much have LNG exporters profits grown since the war in Ukraine?
@APPEALtd
: Waffle
Sprs: There are ests it's around $26b in profit growth
APPEA: I don’t have an estimate
The Albanese government is considering an intervention in the gas market to bring prices down.
@David_Speers
interviews Samantha McCulloch, chief executive of the Australian Petroleum Production & Exploration Association, which represents gas producers.
#abc730
#auspol
Here's a new coal seam gas project from Santos.
It is awaiting approval from
@tanya_plibersek
.
Her department just waved through a variation that could increase fugitive methane emissions.
Please stop w the nukes & get back to fossil fuels.
There are 4 new coal projects just on today's EPBC notices.
FOUR. TODAY. Count them yourself!!
Does not include earlier approval of CSG pipeline.
Japanese fossil fuel company demands subsidies from Australian public. Absolutely gob-smacking.
And does JERA pay any tax in Australia?
...drumroll please...
EXCLUSIVE | A new report has revealed claims by the government that Australia leads the world in renewables investments is false. It’s a declaration the PM has made both here and overseas. |
@vanOnselenP
How big oil & gas rips Australia off - Episode
#9
,687
We've combed through WA Budget Papers, out today, and found WA's main revenue from oil and gas has halved and is set to halve again. 🧵
#wapol
#auspol
Oh look,
@tanya_plibersek
has an opportunity to stop
@AngusTaylorMP
's "appalling" "unnecessary" $600m tax-payer funded new gas-fired power station.
She's just given herself an extension to 28 April to think about it.
What will she decide?
Australia's new Future Gas Strategy mentions Australia's main gas tax, the Petroleum Resource Rent Tax precisely zero times.
The word tax appears just 3 times in 110 pages.
Nice strategy.
The Australian Government expects to export MORE thermal coal over the next 5 years, not less.
"Volumes should lift as...NEW MINES RAMP UP"!
How does the renewable superpower bit go, again?!
So
@tanya_plibersek
found Whitehaven Coal is a "suitable person" to take over a Qld coal mine because her department found "no env compliance matters to report".
JFC, just search for "Whitehaven enviro breach"!!!
Australia’s teachers pay more tax than the oil and gas industry does.
The oil and gas industry loves to tell Australians that they pay a lot of tax, but the evidence says otherwise.
Read the analysis:
#auspol
@R_o_d_C
Absolutely ridiculous comparison by the Australia Institute. The authors don't understand how business works. When commodity prices are low, profits and the amount of various taxes paid are also low. Higher prices, higher income and higher government royalty income as currently.
#SmokingGun
: A new
#FOI
release shows that when Minister Plibersek signed off on introducing the Sea Dumping Amendment Bill into Parliament, she knew its sole purpose was to facilitate future gas developments. She also knew exactly who she was working for: Santos 1/3
#auspol
Floodplain Harvesting policy is chaos. Only those who are set to benefit by being gifted a compensable water right are fighting for it.
It's the environment and communities who suffer as the wealth is transferred upstream.
@justinrfield
@greencate
#FactsMatter
Taylor's involvement isn't the point - point is that EEA is a well-connected corporation.
To understand the
#auspol
of the
#MurrayDarling
you need to realise that it isn't about upstream vs down, farming vs env, or ALP vs LNP.
It's about the powerful vs everyone else.
I estimate a cotton industry in the NT would employ 70 people, in an economy with 100,000 jobs. 0.07%
NT gov says its "essential for the NT economy" and should get free water.
Madness.
Great piece from
@JaneBardon1
@abcdarwin
@TheAusInstitute
Nuke hype! Look over there -->
Meanwhile, here is
@tanya_plibersek
approving a new coal seam gas pipeline for Gina Rinehart.
Thread below, write up for
@MichaelWestBiz
here:
Another coal mine bites the dust. Contrats to Camberwell community, Wendy Bowman and
@EDOLawyers
. Proud to have played a small role in this w
@RDNS_TAI
and
@TheAusInstitute
Those involved in the protracted battle to prevent the development of Ashton South East Open Cut coal mine near Camberwell, especially Wendy Bowman, HEL, NSW EDO, PCWP and Deidre Olofsson are finally able to say its over - the mine will not go ahead.
I know there's a lot of scandal at the moment, but $2 billion for a wall with no biz case, opposed by dpt, is definitely a contender.
@TheAusInstitute
@SlatteryJohnso
The Northern Territory Gov is just a gas company with a side-hustle in governing.
Today it has signed on to subsidise gas from an un-approved fracking project. Another one!
While also....
With rad haggling skilz, Joyce’s dpt bargained the price of EEA's water UP from $2,200 to $2,750/ML, turning a $28m deal into a $79m deal.
Worse, gov lacks infrastructure & legal power to get this water to the rivers that need it. Full write up:
Gas and coal companies made $85 BILLION in EXTRA profit last year. Similar expected this year.
And they're objecting to a little regulation. Great piece in
@renew_economy
feat
@TheAusInstitute
research.
The time of fossil fuel subsidies is over.
Coal must be phased out. Carbon should be given a price.
This must be the year of a great leap towards carbon neutrality.